Rumble Secures $775 Million Investment from Tether, Stock Soars …

Dec 23, 2024  · Digital assets company Tether made a $775 million strategic investment disclosed by Rumble (RUM, Financials). After the announcement, Rumble's stock price is up 76%, …


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Rumble Secures $775 Million Investment From Tether, Stock Soars …

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Dec 23, 2024  · Digital assets company Tether made a $775 million strategic investment disclosed by Rumble (RUM, Financials). After the announcement, Rumble's stock price is up 76%, …

yahoo.com

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Tether Invests $775M In Rumble Sparking Stock Price Jump

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Dec 21, 2024  · Tether invests $775M in Rumble, acquiring 103M shares at $7.50 each, boosting Rumble's growth and liquidity initiatives. Rumble shares surge 50% after Tether's strategic …

coingape.com

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Rumble Shares Surge 46% In Pre-open Trade On $775M Investment …

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Dec 23, 2024  · In addition to the direct investment, the deal includes a self-tender offer, which will allow stockholders to sell up to 70 million shares of Rumble's Class A Common Stock at $7.50 …

investing.com

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Early Monday Surge: Rumble Climbs 70% As Tether's $775M Deal …

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Dec 23, 2024  · With the remainder funding a self-tender offer for up to 70 million shares of its Class A common stock at $7.50 per share, the same price as Tether's investment, the …

yahoo.com

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Rumble Stock Surges After $775M Strategic Investment From …

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Dec 23, 2024  · Tether, the largest cryptocurrency by volume and holding 70% of market share among stablecoins, will buy 103.22 million Rumble Class A stock at $7.50 per share. Rumble …

stocktwits.com

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Rumble Announces $775 Million Strategic Investment From Tether …

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Dec 20, 2024  · Investment: Tether has agreed to purchase 103,333,333 shares of Rumble Class A Common Stock at a price per share of $7.50, totaling $775 million in gross proceeds to …

nasdaq.com

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Tether's $775M Power Move: Rumble's Decentralized Media …

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Dec 23, 2024  · Here's the deal: $250 million goes straight into fueling Rumble's growth rocket, and the rest funds a tender offer that lets shareholders cash out at $7.50 per sharethe same …

yahoo.com

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Rumble Stock Soars On $775 Million Investment From Tether

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Dec 21, 2024  · The Details: Tether USDT/USD has agreed to purchase 103.33 million shares of Rumble Class A Common Stock at a price per share of $7.50, totaling $775 million in gross …

benzinga.com

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Tether’s Bold $775M Investment Fuels Rumble’s Rapid Expansion

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Tether Invests $775M in Video Platform Rumble for Growth. Tether has announced a $775 million investment in Rumble, a prominent video-sharing platform. ... The offer will allow shareholders …

tronweekly.com

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Tether’s $775 Million Rumble Investment Sparks Stock 35% Surge

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Dec 20, 2024  · Tether Limited is set to invest $775 million in video-sharing platform Rumble as part of a strategic partnership aimed at boosting decentralization efforts, according to a Dec. …

cryptoslate.com

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Tether Invests $775M In Rumble Sparking Massive Stock Price Jump

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Tether invests $775 million in Rumble, boosting its stock by 44.6%. The investment values Rumble shares at $7.50, enhancing their financial stability and growth. ... Tether Invests …

blockchair.com

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Tether Invests $775 Million In Rumble, Shares Surge 44.6% In ...

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Dec 21, 2024  · Tether invests $775M in Rumble, boosting its shares by 44.6% and advancing its decentralization goals. ... $250 million of the funding to support growth initiatives while offering …

tradersunion.com

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Rumble Stock Rockets On $775M Tether Investment - Nasdaq

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Dec 23, 2024  · Online video platform Rumble (RUM) saw its stock rocket higher on Monday after the company received a new $775 million investment from Tether (USDT), the company …

nasdaq.com

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Rumble Announces $775M Strategic Investment From Tether; …

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Tether will own a minority position in Rumble’s outstanding common stock but will not have the right to designate any members of the board. The investment and the tender offer are …

msn.com

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Tether Invests $775M In Rumble Sparking Massive Stock Price …

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Tether invests $775 million in Rumble, boosting its stock by 44.6%. The investment values Rumble shares at $7.50, enhancing their financial stability and growth.

blockchair.com

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Tether Invests $775M In Rumble Stock To Change Industry

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Rumble, a video-sharing website, experienced a stock price increase following Tether’s $775 million investment, demonstrating its potential for growth and decentralization. Tether, the …

coinmozo.com

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Tether Invests $775M In Rumble Sparking Stock Price Jump

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Dec 20, 2024  · Tether, the issuer of the world’s largest stablecoin, USDT, has announced a $775 million investment into Rumble, a video-sharing platform and cloud services provider. This …

criptovortex.com

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After $775 Million Tether Investment, Rumble's Tender Offer Should ...

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Dec 23, 2024  · The remaining proceeds will fund a self-tender offer for up to 70 million of its Class A common stock at $7.50 per share, the same price as Tether's investment, Rumble added.

morningstar.com

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Rumble Announces $775 Million Strategic Investment From Tether

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Dec 22, 2024  · Investment: Tether will acquire 103,333,333 shares of Rumble Class A Common Stock at $7.50 per share, resulting in $775 million in gross proceeds to Rumble. $250 million …

gizmotimes.com

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Tether Invests $775M In Rumble Sparking Stock Price Jump

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Dec 21, 2024  · Tether invests $775M in Rumble, boosting stock by 50%, allocating $250M for growth, $525M for share buyback, amid AI platform launch. By Ronny Mugendi 2. 3.2 C. New …

fintalks.net

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Tether Invests $775M In Rumble Sparking Stock Price Jump

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Dec 21, 2024  · Tether, the issuer of the world’s largest stablecoin, USDT, has announced a $775 million investment into Rumble, a video-sharing platform and cloud services provider. This …

thetokenview.com

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#MicroStrategy Hits 446,400 BTC Despite Stock Slump

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MicroStrategy now holds 446,400 BTC worth $42B, doubling down on its Bitcoin strategy even as MSTR stock drops 36% from its all-time high. Will Saylor’s bold...

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FAQs about Rumble Secures $775 Million Investment from Tether, Stock Soars … Coupon?

Why is tether stock up 76%?

Digital assets company Tether made a $775 million strategic investment disclosed by Rumble (RUM, Financials). After the announcement, Rumble's stock price is up 76%, trading for $12.66 to represent investor excitement for the alliance meant to support decentralization. Warning! GuruFocus has detected 2 Warning Sign with RUM. ...

How much did tether buy Rumble?

Rumble announced that Tether had purchased 103.3 million shares of Rumble for $7.50 each. It noted that the transaction would not change the status of Chief Executive Officer (CEO) Chris Pavlovski as majority stakeholder in the firm. ...

Does tether have a warning sign with rum?

GuruFocus has detected 2 Warning Sign with RUM. Under the deal, Tether will buy 103.3 million Rumble Class A Common Stock shares at $7.50 each. From the earnings, Rumble intends to deploy $250 million to support its financial sheet and drive its growth objectives. ...

How much will tether spend on growth?

With the remainder funding a self-tender offer for up to 70 million shares of its Class A common stock at $7.50 per share, the same price as Tether's investment, the business intends to spend $250 million of the proceeds on growth efforts. Warning! ...

Why did Rumble (Rumble) shares skyrocket 60% Monday morning?

Rumble (RUM) shares skyrocketed 60% Monday morning after the video platform received a $775 million investment from Tether, operator of a cryptocurrency platform and creator of the stablecoin of the same name. Rumble announced that Tether had purchased 103.3 million shares of Rumble for $7.50 each. ...

Did Rumble win a $775 million jackpot from Tether (USDT-USD)?

Rumble (NASDAQ:RUM) just landed a $775 million jackpot from Tether (USDT-USD), the reigning titan of stablecoins, in a move that's turning heads across the investor world. ...

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